452408Import for wholesale of umbrellas
雨傘進口批發
Why 6 digits?
HSIC subclasses are 6 digits. The first four match the international ISIC class; Hong Kong adds a two-digit local suffix for finer detail, especially across its import and export trade, so a code steps from a 4-digit class straight to a 6-digit subclass. More on the HSIC structure.
This activity involves the wholesale importation of various types of umbrellas, including sun umbrellas. It encompasses the procurement and distribution of these products to retailers or other businesses for resale.
This classification includes
- sun umbrella, import for wholesale
- umbrella, import for wholesale
Licences and approvals
What this activity needs to operate
No sector-specific licence applies to this activity. It can be set up as a standard Hong Kong company without extra regulatory approvals. Premises-based or product-based permits can still apply case by case; Emerhub confirms the exact position during scoping.
Offshore profits claim feasibility
MediumWhile the import and wholesale of umbrellas can involve international transactions, the nature of the business often requires a physical presence in Hong Kong for storage and distribution. Contracts are typically negotiated with local suppliers and customers, making it less likely to qualify for offshore treatment.
Business registration wording
Suggested business nature for this activity
English
IMPORT FOR WHOLESALE OF UMBRELLAS AND SUN UMBRELLAS
51/60 characters
Chinese 中文
雨傘及陽傘進口批發
9/30 characters
Standard compliance
Compliance every Hong Kong company shares
Beyond anything specific to this activity, every Hong Kong company handles two-tiered profits tax, the annual return (Form NAR1) within 42 days of its incorporation anniversary, audited accounts, MPF enrolment for staff, and a company secretary. Emerhub runs all of it on your behalf.
See the full Hong Kong compliance calendarFrequently asked questions
Do I need a license to import umbrellas?
Yes, you may need an import license depending on the specific regulations for umbrellas in Hong Kong.
How is the tax treatment for wholesale activities?
Wholesale activities are subject to Hong Kong's profits tax, but you may benefit from deductions for business expenses.
What are the operational requirements for this business?
You will need a registered business address, proper inventory management, and compliance with import regulations.
Incorporate in Hong Kong
Starting a import for wholesale of umbrellas business in Hong Kong?
Emerhub incorporates your company, registers the business nature above with the IRD, files every licence application, and runs your company secretary and compliance calendar. You provide the documents; Emerhub handles every government interaction.
Start incorporation with Emerhub